What's the question??? I'm confused???
Answer:
b. $75.
Explanation:
The computation of the time charge per hour is shown below;
But before that the total charge is
Labour Charge = $800,000
Overhead Cost = $480,000
Target Profit = $220,000
Total Charge = $1,500,000
Now
time charge per year is
= $1,500,000 ÷ 20,000 direct labor hours
= $75 per year
Hence, the company's time charge per hour is $75 per year
Therefore the correct option is b.
Answer:
Check the following consideration
Explanation:
Since the business owner follows cash basis of accounting the treatment is amount expensed during the financial year can be shown as expenses. hence in the current case rent for 18months can be shown as expenses for that financial year and it can be shown as a deduction while computing tax liability.
Answer:
a. Productivity will definitely fall.
Explanation:
The productivity of a firm is directly associated with the type of return on inputs. If marginal returns on inputs are increasing, the increase in an input quantity will increase output more than proportionally. If the marginal returns of the inputs are constant, for each increase in the amount of inputs, there will be an increase of one unit produced. If the marginal return on inputs is decreasing, the increase in input quantity will lead to a less than proportional increase in output. Thus, the increase of one unit of capital and labor will generate less than one unit produced. Thus, it will be necessary to increase more than one unit of each input to produce one unit of good, that is, productivity will be decreasing.
Answer:
Actual reserve ratio = Money that bank holds per deposit
= 10 / 100
= 10%
Desired reserve ratio = Money banks wants to hold per deposit
= 9 / 100
= 9%
Excess reserves = Actual reserves - desired reserves
= 12,000 - 7,000
= $5,000